Maine CUs Set Aside Millions To Offer Special Fuel Loans For Winter

With the arrival of fall and the price of heating homes continuing to be significantly higher than last year, a number of Maine credit unions are reinforcing their "commitment to helping Mainers stay warm."

Nearly three-quarters of the Maine's credit unions are offering low or no interest fuel loans for the winter. Collectively, Maine's credit unions have set aside at least $5 million in available loans that are dedicated to special fuel lending offers. For more information visit www.mainecul.org.

CU Member Awarded for Top August Money Saving Tip!

One credit union member can welcome the fall season in style thanks to his money saving tip, “A pack of cigarettes costs $7.20, put down the pack and save the daily cost for 365 days. WOW! $2,628.00!” Down East CU member Edgar Hickbottom of Belfast, ME, won $250 for this winning entry in Maine Credit Unions’ Shared Branching Savings Tip Competition.

Hickbottom was the August winner in this competition, which is part of a Shared Branching Campaign by Maine’s Credit Unions. Credit unions throughout the state are involved, directing members to a microsite, ShareItAndSave.org, where they can share their own financial tip. Each month, the member who shares the most unique tip is awarded $250! The site also features a Shared Branch Locator, with which users can enter an address or intersection to find the three closest Shared Branches.